Cottonseed oil cake prices softened by Rs 82 to Rs 8,855 per quintal in futures trade today on cutting down of portfolios by investors, tracking a weak trend at the physical markets amid low export demand.
Similarly, the contract for delivery in April also moved fell by Rs 38, or 0.43 per cent, to Rs 8,810 per quintal with an open interest of 685 lots.
Marketmen said apart from mounting stocks on consistent
supplies from growing regions, weakness in export demand at the spot markets also pulled down cottonseed oil cake futures.
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